Definition of a financial conglomerate. The advantages of a financial conglomerate structure. The risk taking behaviour of some financial conglomerates and the implications to the financial system and the economy. How to minimise the risk and effectively manage financial conglomerates.
What is financial sector consolidation? The reasons for mergers and consolidation in the financial services industry. The implications and risks of consolidation to the financial system and economy. How to minimise risk and achieve the objectives of consolidation post-merger or consolidation.
Analyses the economic growth in India. Describes the stumbling blocks to India's economic development. Compares India's economic growth with traditional development theory; including modernisation theory, dependency theory, the Washington consensus and the new Beijing model. .
Explains China's remarkable economic growth. Analyses China's economic development and its economic policies. Compare China's economic policies with traditional development theory, including; modernisation theory, dependency theory and the Washington consensus. Introduction of the new Beijing model.
Methods of payment in international trade. Features of payment methods in export and import trade. Risks for byers and sellers under each payment method. Payment in open account, bill of exchange, collection arrangement, letter of credit, bank guarantee, performance bond, forfeiting and factoring.